ST Guoan (Stock Code: 000839) 2023 interim report has been released, the following is a detailed interpretation of its financial data.
During the reporting period, the company mainly carried out various business work around the enterprise comprehensive information service business, cable television network business, real estate business, etc., and the business model of related business did not change significantly. In the first half of 2023, significant progress was made in the restructuring of Guoan Group, and the establishment of CITIC Guoan Industry was completed. The new CITIC Guoan Industry adheres to the orientation of industrial development, comprehensively deepens the reform, and strives to build the enterprise into a comprehensive enterprise group with outstanding main business and capable main body. excellent innovation ability, strong profitability, sufficient stamina for development, balanced development of scale and benefits, contribute to the national security force for CITIC Group to build a world-class enterprise.
Under the above new situation, combined with the changes in the internal and external operating environment, the company continues to promote the adjustment of business structure and strategic transformation, strengthens the related work of promoting technological transformation and technological upgrading, and integrates and reorganizes the original business by integrating superior resources. gradually withdraw from non-main business. Under the leadership of the management of the company, the company continues to strengthen the management of subsidiaries and key projects, optimize the management process, improve management efficiency, focus on promoting optimization and integration, reducing costs and increasing efficiency, constantly adjust the debt structure, and actively withdraw funds to resolve debt risks; strengthen risk management and further improve the company's risk control system; actively expand new business and explore and cultivate new business growth points.
First of all, we note that the operating income of ST Guoan under the new situation was 1519171720.26 yuan in the reporting period, an increase of 13.95% compared with 1333147237.14 yuan in the same period last year.
Secondly, the net profit attributable to shareholders of listed companies was 66829548.71 yuan in the reporting period, compared with-238183441.27 yuan in the same period last year. This shows that the company has changed from a loss state to a profit state, and the operating condition has improved. However, the net profit after deducting non-recurring profits and losses belonging to shareholders of listed companies was-11286320.96 yuan in the reporting period, compared with-99299994.88 yuan in the same period last year. Although it is still in a state of loss, it is developing in a good direction. The company is committed to achieving the stable improvement of its main business capacity.
In addition, the net cash flow from operating activities was-322411921.22 yuan in the reporting period, compared with 25602698.52 yuan in the same period last year, a decrease of 1359.29%. This is mainly due to an increase in the payment of other cash related to operating activities.
In addition, the total assets of ST Guoan at the end of the reporting period were 7063737431.72 yuan, an increase of 19.36 percent compared with 5917968450.93 yuan at the end of the previous year. The net assets belonging to shareholders of listed companies were 2114492280.84 yuan at the end of this reporting period, an increase of 103.76% compared with 1037717451.02 yuan at the end of the previous year. This shows that the size of the company's assets is expanding, and the growth rate of net assets exceeds the growth rate of total assets, indicating that the growth rate of the company's liabilities is slow, and the balance sheet is relatively sound.
However, ST Guoan's current assets totaled 2636932362.96 yuan (closing balance), an increase from 2476514995.28 yuan at the beginning of the year, but current liabilities totaled 3938868096.31 yuan (ending balance), down from 4307362226.55 yuan at the beginning of the year. This may mean that the company's short-term solvency has improved.
Finally, ST Guoan's basic earnings per share were 0.0170 yuan in the reporting period, compared with-0.0608 yuan in the same period last year, from loss to profit. The weighted average return on net assets was 4.24% during the reporting period, compared with-7.46% in the same period last year, an increase of 11.70 percentage points. This shows that the company's profitability and asset operation efficiency have improved.
Generally speaking, ST Guoan showed some signs of business improvement in the 2023 report, but there are still some problems to pay attention to. When making investment decisions, investors should comprehensively consider many factors, such as the company's operating status, market environment, industry trends and so on.
This article only represents the judgment made by the analyst himself or the analyst on the basis of AI analysis, and can not be used as any investment index, nor does it constitute any investment advice. The original intention of this paper is to help investors analyze and judge the capital market data in the most intuitive and fast way and from the most professional perspective.